Hugh Lau, who managed $750 million at D.A. Davidson, has created Lau Financial Group in Lincoln, Nebraska, and affiliated with LPL Financial, using the firm’s service offering for breakaway brokers, LPL Strategic Wealth Services.
Lau has 21 years of experience, according to his BrokerCheck report, and had been affiliated with D.A. Davidson since 2009.
Lau was joined in the move by JoAnn Kreitman, his branch operations manager.
Elsewhere, Wells Fargo Advisors adds a $400 million Morgan Stanley veteran in Naples as an ex-Cetera advisor goes independent with LPL
According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.
A $1B fund allegedly skimmed 30% off the top, then swapped cash for locked-up stock.
Insiders allegedly rewrote projections three times in four days.
TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
